Sovereign Financial Group Inc. Grows Stock Holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Sovereign Financial Group Inc. lifted its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 27.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 31,806 shares of the company’s stock after purchasing an additional 6,944 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $1,605,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Oxbow Advisors LLC lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 59.6% in the 3rd quarter. Oxbow Advisors LLC now owns 2,676,362 shares of the company’s stock worth $135,424,000 after purchasing an additional 999,068 shares during the period. Optivise Advisory Services LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF in the third quarter worth about $33,973,000. Portfolio Design Labs LLC lifted its holdings in iShares Treasury Floating Rate Bond ETF by 377.0% in the third quarter. Portfolio Design Labs LLC now owns 516,000 shares of the company’s stock worth $26,110,000 after buying an additional 407,824 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its position in iShares Treasury Floating Rate Bond ETF by 1,403.0% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 434,751 shares of the company’s stock valued at $21,998,000 after acquiring an additional 405,825 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 16.1% during the 2nd quarter. Cetera Investment Advisers now owns 2,065,105 shares of the company’s stock worth $104,618,000 after acquiring an additional 286,831 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

TFLO opened at $50.55 on Wednesday. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.36 and a 52 week high of $50.71. The business has a 50 day moving average of $50.51 and a 200-day moving average of $50.52.

iShares Treasury Floating Rate Bond ETF Company Profile

The iShares Treasury Floating Rate Bond ETF (TFLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The iShares Treasury Floating Rate Bond ETF seeks to track the investment results of an index composed of U.S. Treasury floating rate bonds. TFLO was launched on Feb 3, 2014 and is managed by BlackRock.